Ferroglobe Plc Stock Market Value
| GSM Stock | USD 4.37 0.02 0.46% |
| Symbol | Ferroglobe |
Ferroglobe PLC Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ferroglobe PLC. If investors know Ferroglobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ferroglobe PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Earnings Share 0.21 | Revenue Per Share 8.785 | Quarterly Revenue Growth 0.04 | Return On Assets 0.047 |
The market value of Ferroglobe PLC is measured differently than its book value, which is the value of Ferroglobe that is recorded on the company's balance sheet. Investors also form their own opinion of Ferroglobe PLC's value that differs from its market value or its book value, called intrinsic value, which is Ferroglobe PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ferroglobe PLC's market value can be influenced by many factors that don't directly affect Ferroglobe PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ferroglobe PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferroglobe PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferroglobe PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ferroglobe PLC 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ferroglobe PLC's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ferroglobe PLC.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Ferroglobe PLC on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Ferroglobe PLC or generate 0.0% return on investment in Ferroglobe PLC over 720 days. Ferroglobe PLC is related to or competes with Fury Gold, IperionX Limited, EMX Royalty, Materion, Vizsla Resources, Western Copper, and Americas Silver. Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally More
Ferroglobe PLC Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ferroglobe PLC's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ferroglobe PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.58 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.12 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.96 |
Ferroglobe PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferroglobe PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferroglobe PLC's standard deviation. In reality, there are many statistical measures that can use Ferroglobe PLC historical prices to predict the future Ferroglobe PLC's volatility.| Risk Adjusted Performance | 0.0157 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0154 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ferroglobe PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ferroglobe PLC Backtested Returns
As of now, Ferroglobe Stock is slightly risky. Ferroglobe PLC secures Sharpe Ratio (or Efficiency) of 0.0088, which denotes the company had a 0.0088% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ferroglobe PLC, which you can use to evaluate the volatility of the firm. Please confirm Ferroglobe PLC's Mean Deviation of 1.88, downside deviation of 2.58, and Coefficient Of Variation of 9017.1 to check if the risk estimate we provide is consistent with the expected return of 0.0251%. The firm shows a Beta (market volatility) of 1.36, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ferroglobe PLC will likely underperform. Ferroglobe PLC right now shows a risk of 2.85%. Please confirm Ferroglobe PLC skewness, and the relationship between the value at risk and day median price , to decide if Ferroglobe PLC will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Ferroglobe PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Ferroglobe PLC time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ferroglobe PLC price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Ferroglobe PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Ferroglobe PLC lagged returns against current returns
Autocorrelation, which is Ferroglobe PLC stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ferroglobe PLC's stock expected returns. We can calculate the autocorrelation of Ferroglobe PLC returns to help us make a trade decision. For example, suppose you find that Ferroglobe PLC has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ferroglobe PLC regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ferroglobe PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferroglobe PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferroglobe PLC stock over time.
Current vs Lagged Prices |
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Ferroglobe PLC Lagged Returns
When evaluating Ferroglobe PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferroglobe PLC stock have on its future price. Ferroglobe PLC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ferroglobe PLC autocorrelation shows the relationship between Ferroglobe PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Ferroglobe PLC.
Regressed Prices |
| Timeline |
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Ferroglobe PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.